NOT LISTED FOR SALE

735 Chestnut St Unit 1-6 Allentown, PA 18102

Center City Neighborhood
6 Beds
-- Bath
-- Sq Ft
1905 Built

Last Sold November 21, 2024

Last sale price $935,000

31 Days on Market

About This Home

As of November 2024

This is a rare find for investors and one of the last legally grandfathered Rooming Houses in Allentown. This incredible opportunity offers 6 guest rooms. These rooms are consistently filled and most are long-term guests giving the new owner even more possibilities for higher future income. A breakdown of all costs and details is available upon request or from your agents. 2 other properties currently being offered are 625 W Allen St (MLS #744878) and 387 W Turner St. (MLS #744877) There will only be 1 Day/Time to view all 3 buildings. Currently No exceptions, and no private viewings due to the number of tenant guests. All properties will come with a cleared CO before settlement unless otherwise negotiated.

Last Agent to Sell the Property

Patrick Ruddell

Keller Williams Allentown Listed on: 09/02/2024

Keller Williams Allentown

Co-Listed By

Alicia Ruddell

Keller Williams Allentown

Last Buyer's Agent

Lindsey Tilton

River Valley Realty LLC License #RS363768

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1905

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 6 Bedrooms
  • 3-Story Property

Utilities

  • No Cooling
  • Radiator
  • Baseboard Heating
  • Heating System Uses Gas
  • Cable TV Available

Community Details

  • Gross Income $44,960
  • Net Operating Income $32,118

Listing and Financial Details

  • Assessor Parcel Number 640701307431001

Property Details

Home Type

Apartment

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Apartment Style
  • Technology: Cable
  • County Assessment: 78000.00
  • Stories: 3.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1905
  • Adult Comm55 Over Y N: No
  • Special Features: None

Interior Features

  • Bedrooms: 6

Exterior Features

  • Construction: Brick

Utilities

  • Cooling: No Air
  • Heat Type: Baseboard, Gas, Radiator
  • Sewer: Public
  • Water: Public

Association/Amenities

  • Unit: 1-6

Lot Info

  • Zoning Code: B-2-CENTRAL BUSINESS

Tax Info

  • Assessor Parcel Number: 640701307431001

Multi Family

  • Total Units: 1

MLS Schools

  • School District: Allentown

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2024 11/21/24 Sold $935,000 +187.7% --
10/03/2024 10/03/24 Pending -- -- --
09/02/2024 09/02/24 For Sale $325,000 -- --
Source: Greater Lehigh Valley REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Patrick Ruddell

    Seller's Agent in 2024

    Patrick Ruddell

    Keller Williams Allentown

    (484) 330-6619

    8 in this area

    132 Total Sales

    Patrick Ruddell
    Section Image

  • A

    Seller Co-Listing Agent in 2024

    Alicia Ruddell

    Keller Williams Allentown

    (484) 330-1607

    7 in this area

    132 Total Sales

    Alicia Ruddell
    Section Image

  • L

    Buyer's Agent in 2024

    Lindsey Tilton

    River Valley Realty LLC

    Section Image
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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 744879

Greater Lehigh Valley REALTORS®
Pennsylvania Lehigh County Allentown 18101 Center City

735 Chestnut St Unit 1-6, Allentown, PA

Not Listed for Sale

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